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Latest Michigan news, sports, business and entertainment
ELECTRIC RATES Power bills to rise for Consumers Energy customers LANSING, Mich. (AP) — The average electric customer of Consumers Energy will start paying $1.67 more per month. The $89 million rate increase was approved Wednesday by state...Tags: Theft, Justice System, Democratic Party, Employment, Arts and Culture
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A history of celebrity-owned restaurants in the Chicago area
The week before The Squared Circle opened in mid-March, owner and pro wrestler Lisa Marie Varon — better known as Victoria during her WWE days and Tara currently with TNA wrestling — sat in a corner booth of her Lincoln Park restaurant,...
Tags: Super Bowl, Arts and Culture, Kanye West, Michael Jordan, Soccer
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Detroit recovery plan raises specter of default: Moody's
Reuters(Reuters) - Detroit's bondholders face a heightened chance of default or bankruptcy by the city under a financial recovery plan released on Monday by a state-appointed emergency manager running the city, Moody's Investors Service said on Thursday. "The...Tags: Financially Distressed Companies, Finance, Moody's Corporation, Economy, Business and Finance, Credit Ratings
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Here is the latest Michigan news from The Associated Press
DETROIT (AP) — The nephew of a Saudi man arrested at Detroit Metropolitan Airport says the case is a misunderstanding. Nasser Almarzooq (NAH'sur ahl mar-ZOOK') tells the AP that the pressure cooker his uncle was bringing for him so he could make...Tags: Kwame Kilpatrick, Justice System, Crime, Law and Justice, Boston Marathon Bombing (2013), U.S. Department of Justice
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PRESS DIGEST - Wall Street Journal - May 16
ReutersMay 16 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * A heated takeover battle has erupted around generic drug company Actavis Inc as industry...Tags: Chrysler, Goldman Sachs Group, Inc., The Wall Street Journal, Global Expansion, Mexico
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Our coddled public school teachers
Letter writer Mel Novit says that he and his wife are both retired teachers (“Retired teachers,” Voice of the People, May 13). He complains that House Speaker Michael Madigan’s plan to save the teacher pension system from insolvency is...Tags: Social Security, Teaching and Learning, Pension and Welfare, Teachers, Interior Policy
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Largest field in 2 decades seeks Detroit mayoral job, despite money woes and diminished power
Associated PressDETROIT (AP) — Detroit's next mayor will inherit a city low on cash and an office low on power, yet nearly two dozen candidates are seeking the job anyway. In announcing he won't seek a second term, Mayor Dave Bing slammed Michigan officials for...Tags: Disasters and Accidents, Belle Isle, Local Elections, Finance, Economy, Business and Finance
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Ex-CEO: Hope for VPG
South Bend TribuneThough the former CEO of the Vehicle Production Group cannot confirm that AM General has any interest in VPG, he believes there are investors interested in the company. John Walsh, who is now the vice president of sales and marketing for Arboc Specialty...Tags: Middlebury, Companies and Corporations, Economy, Business and Finance, Passenger Cars, Ford
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Unions protest over potential sale of L.A. Times to Koch brothers
About 300 labor union members and other activists staged a demonstration to protest the potential sale of the Los Angeles Times to the politically conservative Koch brothers. Demonstrators marched outside the downtown L.A. headquarters of Oaktree...
Tags: AFL-CIO, Pension and Welfare, Local Elections, Demonstration, Oaktree Capital Management
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Ally, ResCap creditors reach settlement
ReutersMay 14 (Reuters) - Bankrupt Residential Capital LLC said on Tuesday that parent Ally Financial Inc reached a private settlement with ResCap creditors, who say Ally owes them $25 billion. The deal will keep sealed a potentially damaging report on Ally's...Tags: Financially Distressed Companies, Manhattan (New York City)
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Soccer-AEK Athens set for bankruptcy and third tier
ReutersBy Graham Wood ATHENS, May 14 (Reuters) - AEK Athens said on Tuesday they were preparing to declare bankruptcy and seek relegation to the third division. AEK were relegated from the Super League for the first time in their 89-year history in the...Tags: Soccer, Board of Directors, Sports
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Unions protest over potential L.A. Times sale to Koch brothers
About 300 labor-union members and other activists staged a demonstration Tuesday to protest the potential sale of the Los Angeles Times to the billionaire politically conservative Koch brothers. Demonstrators marched outside the downtown L.A....
Tags: AFL-CIO, Pension and Welfare, Local Elections, Finance, Oaktree Capital Management
May 16, 2013
|Story| AP Michigan
May 15, 2013
|Column| Chicago Tribune
May 16, 2013
|Story| Reuters
May 13, 2013
|Story| AP Michigan
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Chicago Tribune
May 15, 2013
|Story| AP Broadcast
May 15, 2013
|Story| South Bend Tribune
May 15, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Los Angeles Times
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